St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-20
WAS ACTIVEBUT WEAK
That Was the Condition of the Wheat
Market on the Chicago Board Yes
terday Morning.
Earious Causes at Home and Abroad 0per-
ated to Bring Out Numerous
Selling Orders.
There Was Fair Amount of Trad.
ing in Corn With Slight
Decline.
Transactions in the Financial Cir
cles of Wall Street--General
Quotations.

CHICAGO, Jan. 19.-The wheat market
was active and weak, with prices rul-
ing lower. The drought in California was
reported broken, and this, coupled with
weaker foreign advances and an IN
increase of 2,00O.000 bushels on ocean pas
sage, brought out good many selling orders
and produced very weak tone. The starting
price for May delivery was S5c or &c under
last nights closing figures, from which point
it broke Off quite rapidly to s41ac, reacted
several times, but finally closed for the day at
inside prices. The export clearings showed
an aggregate of 200, geo bushels from three eX-
poris, and 1910 barrels of flour from New
York and Baltimore. The receipts at eleven
points showed an aggregate of 252, 600 bushels
Sales of. wheat for September delivery were
made ar S65s@6S$4c. There was a falr
amount of trading in corn, with further
slight decline in prices, May delivery touching
4lc and closing there. Receipts were small
and the shipping demand fair. There was
weaker feeling in oats with increased oHer-
ings. The speculative trading was confined
10 May delivers, which closed ssc lower than
yesterday. There was more activity IN pro
visions and values were firmer Mess pork
advanced 15@1T15c per barrel, fell back to
medium figures aud closed steady. Lard and
short ribs closed q shade higher.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. =, January, opened at 772sc,
closing at TIC; February, 76c, clos
ing at 775sc; March, 1s$4c, closing at 1890;
May. S5c, closing at SAGE. Corn-No. 2
January, $500, closing at 351ac; February,
35$4c, closing at 3515c; March, 361sc, closing
at 355s@56c; May, age, closing at Ale.
Oats-No. 2 January, 2534c, closing at 25Iac;
February, 26c, closing at 257sc; March,
261lc, closing at 261sc; May, 305sc, closing
at 3O36c Mess pork per barrel-January,
S1l.S5, closing at Sl2.O21a; February, Sl1.S712,
closing at Sl2.O21a; March, S12.02@, closing at
ST.. 1215; May, Sl2.I5, closing at $3.50. Lard
per 100 pounds-January, S6.42%. closing
at S6475%; February, S6.42h, closing at
S6.A71@; March, $3.50, closing at S6.55:
May, S6.7215, closing at S6.67%. Short
ribs per 100 pounds-January, S6;O5,
closing at S6.15: February, S605. clos
ing at S6l5; March, $6.l2A, closing
at $500; May, $6.25, closing at $3.50.
CASH quotations were as follows: Flour
quiet and unchanged. Wheat No. 2 spring,
7T3s@7T15c; No. spring, 69@71c; No. 2 red,
7S15c. Corn-No. 2, 351@c. Oats-No. 2,
26c. Rye-No. 2, 537ac. Barley-No. 2, 929c.
Flax Seed-No /, S1.O2. Timothy Seed
Prime, 81. 80. Mess pork per bbl, $l2.O2150
1903 Lard. per 100 lbs, S6.427a@6.45. Short
ribs, sides, loose, $6.l21a@6.15; dry sailed
shoulders, boxed, S4.9004.95; short clear
sides, boxed S6.5O66.55. Whisky, dlstillers
finished goods, per gal, $1.1S. Sugars, cut
loaf, Ga @63sc; granuated, &c; Standard "a,
5$4c Receipts-Flour, $4,000 bbls; wheat
Is, 600 blu; corn, 10000 bu; oats, l41, 900 bu;
rye, 5000 bu; barley, 70, 600 bu. Shipments
Flour, 10000 bbls; wheat, 10000 bu; corn,
30, 900 bu: oats. $4,000 bu: rye, none; bar
ley 10000 bu. On the produce exchange
to-day the butter market ruled easier:
creamery, 23@30c; dairy, 22026c. Eggs, ~
029c for fresh.